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Unique series of four Patek Philippe Reference 2499 watches go under the hammer at The Geneva Watch Auction XIII this spring

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Phillips in Association with Bacs & Russo has assembled a set of four Patek Philippe Reference 2499 (1st, 2nd, 3rd and 4th series) that will go under the hammer at The Geneva Watch Auction XIII this spring.

A rare Patek Philippe minute repeating perpetual calendar reference 3974 in pink gold looks likely to be the star lot at The Hong Kong Watch Auction XII in the same season. It is thought to be one of only five that have come to market.

The full set of Patek Philippe perpetual calendar chronograph reference 2499 series comes from a single owner who took almost 20 years to acquire them.

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It includes an ultra-rare 2nd series in pink gold.

“We are thrilled and honored to offer for the first time in close to two decades all four series of the reference 2499 in one sale, making our Spring 2021 sale a once in a generation event,” say Aurel Bacs, Phillips’ senior consultant and Alex Ghotbi, head of watches, Continental Europe & Middle East, in a joint statement.

“The Patek Philippe reference 2499, in any dial or case combination, is considered one of, if not the most iconic and desirable trophy watches to crown any collection. It was made for close to 35 years and only 349 examples are known – a production of less than one piece a month. It therefore hails as one of the rarest collectible items in the world, on the same level as a Jackson Pollock painting or a vintage Ferrari sports car. There are collectible wristwatches, then there are watches woven from the fabric of dreams, and the reference 2499 is of the latter,” they add.

Phillips says the appearance of a full set of four 2499 watches will make its Geneva sale the biggest event of the spring season.

The 1st series was purchased in 2008 and is believed to be one of only 23 examples in yellow gold.

The 2nd series in pink gold is one of only nine, according to the auctioneer. The watch was purchased in the early 1960s in the north of Germany and remained in the same family until 2010 when it was offered at auction for the first time. The current owner purchased it directly from the buyer at that auction.

The 3rd series last appeared on the market in 2004 and is one of the earliest examples known. It stands out with its full hard enamel dial, a feature that was fading out in the late 1960s.

The 4th series is from 1985, the last year of production for this reference, and features an unusual German calendar, one of only six in circulation.

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